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purchasing power

noun
1.
Also called buying power. the ability to purchase goods and services.
2.
the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base:
the purchasing power of the dollar.
Origin
1815-1825
1815-25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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18
22
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